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(I-TravelNewswire.Com, February 09, 2017 ) The penetration rate of irons is very high in most countries across the globe as these are small generic appliances. Most iron purchases are replacement purchases with an average replacement cycle of 8-9 years. Irons are meant for long-term use and generally do not require frequent replacement. Branded irons are mostly durable and of superior quality. This reduces the need for frequent purchase of this small appliance, which acts as a major barrier to the market's growth. Since consumers do not buy them frequently, marketers find it difficult to build brand loyalty. Also, the increased preference for and use of casual clothing, which do not require ironing, is a challenge for the growth of the global irons market.
Publisher's analysts forecast the global travel irons market to grow at a CAGR of 4.49% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-travel-irons-market-2016-2020 Covered in this report The report covers the present scenario and the growth prospects of the global travel irons market for 2016-2020. To calculate the market size, the report considers revenue generated through the sales of travel irons to travelers.
The market is divided into the following segments based on geography: - Americas - APAC - Europe - MEA
Publisher's report, Global Travel Irons Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Conair - Koninklijke Philips - NACCO Industries - Panasonic - Rowenta - Sunbeam Products
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001409151/sample
Other prominent vendors - Bharat Light Machine - Fabiano - Korjo - Morphy Richards - Russell Hobbs - Smartek USA - Swan Brand - Usha - Wilko Retail
Market driver - Travel irons form inexpensive alternatives to regular irons - For a full, detailed list, view our report
Market challenge - Hotels in developed countries offering irons - For a full, detailed list, view our report
Market trend - Vintage-style travel irons - For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001409151/buying
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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